RSM UK has reported that the number of registered company insolvencies in England and Wales was 2,177 in April 2024,  – 18% higher than in March 2024 and April 2023, respectively, and above levels seen during the pandemic. The construction industry experienced the highest number of insolvencies, reaching a total of 4,273. Commenting on the latest construction insolvency statistics, Kelly Boorman, National head of construction at RSM UK, said: ” The industry has been seriously impacted by inflationary rates and labour costs, especially in the last year.” To read RSM UK’s news release, go to